SpaceX CEO Elon Musk moved the spacecraft and satellite communications company’s state of incorporation to Texas on Wednesday, as the billionaire attempts to move his many companies out of Delaware following an unfavorable ruling in state court. “SpaceX has moved its state of incorporation from Delaware to Texas!” Musk wrote in a post on X, … Read more
Elon Musk, owner of Tesla and the X (formerly Twitter) platform, attends a symposium on fighting antisemitism titled ‘Never Again : Lip Service or Deep Conversation’ in Krakow, Poland on January 22nd, 2024. Beata Zawrzel | Nurphoto | Getty Images It remains to be seen what Tesla will do about Elon Musk’s pay just a … Read more
Tesla CEO Elon Musk said Thursday that company shareholders will vote on whether to move its registration to Texas, after a Delaware judge tossed out a multibillion-dollar bonus package for Musk on Tuesday. Delaware Chancery Court Judge Kathaleen McCormick ruled Tuesday that Musk cannot keep a record-breaking compensation agreement worth up to $55.8 billion because … Read more
SpaceX, X (formerly known as Twitter), and Tesla CEO Elon Musk speaks during live interview with Ben Shapiro at the symposium on fighting antisemitism on January 22, 2024 in Krakow, Poland. Omar Marques | Getty Images Elon Musk said late Wednesday that Tesla will hold a shareholder vote on whether to transfer the electric carmaker’s … Read more
A Delaware judge ruled Tuesday that Tesla CEO Elon Musk must give up a 2018 bonus agreement that could be worth up to $55.8 billion, determining that it was not negotiated fairly. A group of Tesla shareholders sued Musk and the company after the company announced the bonus package, which grants Musk a 1 percent … Read more
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Jimmy Haslam, CEO of Pilot Flying J. and Warren Buffett, Chairman and CEO of Berkshire Hathaway. Lacy O’Toole | CNBC A billion-dollar trial that was to determine if Berkshire Hathaway improperly used an accounting method that would significantly short-change the Haslam family in a purchase of the family’s remaining minority stake in Pilot Travel Centers … Read more
